Scottish Charity No SC044806 Parent Community Sports Trust Report and Financial Statements 31 March 2025 **Parent Community Sports Trust Registered Charity Number: SC044806** ## **Tru** ## **Secretary** **Treasurer:** ## **Reporting Accountants** Ideo Business Services Ltd Unit 4 Standhill Industrial Estate Whitburn Road Bathgate EH48 2HR ## **Office** 38 Beechwood Drive Glasgow G11 7EX 1 ## **Parent Community Sports Trust Scottish Charity No SC044806 Statement of financial activities for the year ended 31 March 2025** |**Note Total Funds**
**2025**
**£**
**Incoming Resources**
Donations and legacies
63,972
Other trading activities
205,072
Cafe income
9,632
Interest income
1
**Total Incoming Resources**
278,677
**Resources Expended**
**Charitable Activities:**
2
266,454
**Total Resources Expended**
266,454
**Net Incoming Resources**
12,223
RECONCILIATION OF FUNDS
Total funds brough forward
(56,629)
**TOTAL FUNDS CARRIED FORWARD**
7
(44,406)|**Total Funds**
**2024**
**£**
64,162
243,072
2,812
22
310,068
331,911
331,911
(21,843)
(34,786)
(56,629)| |---|---| All funds are unrestricted 2 ## **Parent Community Sports Trust Scottish Charity No SC044806 Income and expenditure account for the year ended 31 March 2025** |**Income**
Donations and legacies
Other trading activities
Cafe income
Interest income
**Expenditure**
Coach Fees
Hire of facilities
Kit & Equipment
League fees
Other Direct Costs
Refunds
**GROSS PROFIT**
**Overheads**
Accountancy fees
Advertising/Promotional
Bank charges
Dues and Subscriptions
Insurances
Office/General Administrative Expenses
Salaries/NI/Pensions
Staff training
Travel and Accommodation
Professional Services
Finance costs
**Overhead costs**
Operating (Deficit)/Surplus for year
Donations made in the year (note 4)
(Deficit)/Surplus transferred to Reserves|**2025**
**£**
63,972
205,072
9,632
1
**278,677**
33,363
101,269
17,803
4,461
13,762
914
**107,105**
3,065
47
95
174
1,421
23,763
52,627
490
9,294
2,461
1445
**94,882**
12,223
-
**12,223**|**2024**
**£**
64,162
243,072
2,812
22
**310,068**
47,041
101,358
23,517
8,045
22,125
164
**107,818**
3,277
6,199
157
2,216
1,200
22,003
75,735
-
13,682
4,027
1165
**129,661**
(21,843)
-
**(21,843)**| |---|---|---| 3 ## **Parent Community Sports Trust Charity Number: SC044806 Balance Sheet as at 31 March 2025** |**Note**
**Fixed assets**
Tangible assets
3
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
6
**Provisions for liabilities**
**Net assets**
**The Funds of the Charity**
Unrestricted Income Funds
7
**Total Unrestricted Funds and**
**Total Charity Funds**|**2025**
**£**
6,973
6,973
3,164
3,164
(24,833)
(21,669)
(14,696)
(29,710)
(29,710)
(44,406)
(56,629)
**(44,406)**|**2024**
**£**
15,219
15,219
697
697
(21,531)
(20,834)
(5,615)
(51,014)
-
(51,014)
(56,629)
(34,786)
**(56,629)**| |---|---|---| Date: 31/12/2025 5 **Parent Community Sports Trust Scottish Charity No SC044806 Notes to the Accounts for the year ended 31 March 2025** ## **1 Accounting policies** The following accounting policies have been consistently applied in dealing with the ietms which are considered material in relation to the Charity's accounts. ## _**Basis of accounts**_ The Accounts are prepared under the historic cost convention and in accordance with applicable accounting standards in the UK, the Statement of Recommended Practice: Accounting and Reporting by Charities (revised 2015) and the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Financial Reporting Standard Applicable in the United Kingdon and Republic of Ireland (FRS102) the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulation 2003 (as amended). The Charity meet the definition of a public benefit entity under FRS102. ## _**Preparation of the accounts on a going concern basis**_ The trustees have reviewed the position and consider the charity to be a going concern. The accounts will be prepared on the going concern basis. ## _**Income**_ Income is recongnised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably. ## _**Donated services and facilities**_ Donated professional services and donated facilities are recongnised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. ## _**Interest receivable**_ Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest being paid or payable by the Bank. ## _**Fund accounting**_ The Charity operated a General Fund which is unrestricted in its use. Any sub-division of the General Fund into designated funds is at the Trustees' discretion. 5 ## **Scottish Charity No SC044806 Notes to the Accounts** ## **for the year ended 31 March 2025** ## _**Expenditure and irrecoverable VAT**_ Expenditure is recognised once there is a legal or contructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classfied under the following activity headings: - The costs of generating voluntary income are not significant and have not been separately disclosed. - Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs of an indirect nature necessary to support them. - Other expenditure represents those items not falling into any other headings. - All VAT on purchases is irrecoverable and is included with the related costs in the Accounts. ## _**Allocation of support costs**_ Support costs are those functions that assist the work of the charity but so not directly undertake charitable activities. Support costs include back office costs, finance,personnel, payroll and governance costs which support the charity. These costs have been allocated to expenditure on charitable activities. ## _**Tangible fixed assets**_ Fixed assets having a value to the charity greater than one year, other than those acquired for specific purposes, are capita;ised. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: Vehicles 20% straight line Equipment 25% straight line ## _**Debtors**_ Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## _**Creditors and provisions**_ Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third arty and the amount due to settle the obligation can be measured or estimated reliably. Creditorsand provisions are normally recognised at their settlement amount allowing for any trade discount due. 6 ## **Scottish Charity No SC044806 Notes to the Accounts** **for the year ended 31 March 2025** |**2**
**Direct costs**
Coach Fees
Hire of facilities
Kit & Equipment
League fees
Other direct costs
Refunds
**3**
**Other Resources Expended**
Accountancy fees
Advertising/Promotional
Bank charges
Dues and Subscriptions
Insurances
Office/General Administrative Expenses
Salaries/NI/Pensions
Staff training
Travel and Accommodation
Professional Services
Finance costs|**2025**
**£**
33,363
101,269
17,803
4,461
13,762
914
**171,572**
**2025**
3,065
47
95
174
1,421
23,763
52,627
490
9,294
2,461
1,445
**94,882**|**2024**
**£**
47,041
101,358
23,517
8,045
22,125
164
**202,250**
**2024**
3,277
6,199
157
2,216
1,200
22,003
75,735
-
13,682
4,027
1,165
**129,661**| |---|---|---| 7 ## **Scottish Charity No SC044806 Notes to the Accounts for the year ended 31 March 2025** |**3**
**Tangible fixed assets**
**Cost**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024
**5**
**Creditors: amounts falling due within one year**
Bank loans and overdrafts
Payroll Liabilities
Pensions Liabilities
VAT
Accruals
**6**
**Creditors: amounts falling due afterone year**
Bank loans and overdrafts
Other Loans
**7**
**General Funds & Reserves: Movement in year**
Opening balance
Operating (Deficit)
At 31 March 2025|**Motor**
**Vehicles**
**Equipment**
**£**
**£**
23,202
15,891
-
489
23,202
16,380
13,920
9,954
4,640
4,095
18,560
14,049
**4,642**
**2,331**
**9,282**
**5,937**
**2025**
**£**
9,684
12,044
2,174
681
250
**24,833**
**2025**
**£**
25,399
4,311
**29,710**
**General Fund**
**£**
(56,629)
12,223
(44,406)|**Total**
**£**
39,093
489
39,582
23,874
8,735
32,609
**6,973**
**15,219**
**2024**
**£**
9,196
9,132
2,548
655
-
**21,531**
**2024**
**£**
40,014
11,000
**51,014**
**Total Funds**
**£**
(34,786)
(21,843)
(56,629)| |---|---|---| 8 APPENDIX 1 oscr Period start date Month Year 2024 Period end date Month Year 2025 Da 01 Da 31 From To Office of the Scottish Charity Regulator Reference and administration details Charty name other names charity is known by Registered charity number Charity's principal address Parent Communty Sports Trust PCST SC044806 38 Beechwood Drive, Glasgow Postcode . G117EX Names of the charity trustees on date of approval of Trustees. Annual Report Trustee name Office (rf any) Dates acted if not for whole year lor body) entitled to appoint trustee (rf any) Chair Treasurer Secretary 10 11 12 13 14 15 16 17 18 19 20 APPENDIX 1 Reference and administration details Names of all other charity trustees during the period, if any. (for example, those who resigned part way through the financial period) Name Dates acted if not for whole year Structure, governance and management Type of goveming document We are a single tier SCIO The structure of the organisation consists of the CHARITY TRUSTEES who are also the organisation's only memtrkrs and comprise the c￿ganISatIon,S BOARD. Trustee recruitment and appointment Objectives and activities Charitable purposes The organisation is established for charitable purposes only, and in particular, the objects are" The advancement of public participation in Sport. The provision of recreational facilities, or organisation of recreational facilities with the object of improving the conditions of lrfe for the persons for whom the facilities or activities are primarily intended. The advancement of health. The advancement of cttizenship and communty development. Summary of the main activities in relation to these objects There has been the provision of 60 hours of weekly coached sport for more than 450 children and young adults in the past year. There have been 180 after school sports sessions provided. We have provided coach education for more than 15 Community Sports coaches. Operate Communty Dance Group involving 50 young persons. Operate Community Hall and Sports Pitches at Peterson Park Developed a media group for people with Mental Health issues. Operate a Men's Shed at Peterson Park APPENDIX 1 Achievements and performance Summary of the main achievements of Active Communrty Sports Club where children and volunteers provide 60 the charity during the financial period hours of weekly coached sport for more than 450 children and young adults in Greater Glasgow. We operate School holiday camps for 300 children. We operate a communty Hall called Peterson Park in G13 area of Glasgow. We have provided 'After School. sports coaching lo 6 local primary schools throughout the academic year. We operate a project based in the KnwJhtswood area of the City called the 'Peterson Four Schools project,. This is focused on getting marginalised and difticult to reach children involved in sport. We have provided free BSC Glasgow Club memberships to 30 children and young people. This has included giving free training kit. We run affordable community dance classes for local children and KPOP dance for fOre￿n students and local young people. We have established a media group offering opportunities to people with mental health issues to cover sport. We operate a community kitchen with a group of volunteers from diverse ethnic backgrounds We have established a Men's Shed at Peterson Park for retired people to carry out repair projects for the Hall and the community. Financial review Brief statement of the charity's policy on reserves We have had to use our reseNes this year to counter increased operational costs. The economic background is bleak and participation in sport has decreased by a third. Out intention would be to rebuild these resenies to 15k over the next 3 years. Details of any deficit NIA Donated facilities and services (if any) NIA APPENDIX 1 other optional information Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature{s) Full name(s) Position {e.g. Chair) Chair Treasurer Date 14109125 14109125 APPENDIX 3 OSCR Scottsh Charrty Regulatcx Inde endent examiner's re ort on the accounts Report to the Chanty name trusteeslmembers of Patent CIKMMJnrty SFxxts Tnjst Registered charity SC044806 number On the accounts of the charity for the period Period start date Month Period end date Month Year 01 to 31 Set out on pages rememter lo I￿lUde the p￿e umirT5 ofaddibwl sheets) Respective The charitls trustees are reSp￿S1￿￿e for the preparation of the accounts in accordan responsibilities of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the trustees and examiner Charities Accounts (Scotiand) Regulab'ons 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) {d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether partTrcular matters have come to my attention. Basis of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts examiner's statement Regulations. An examinats'on includes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also includes consideration of any unusual rtems or disclosures in the accounts and seeks explanations from Ihe trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audtt opinion on the view given by the accounts. Independent examiner's In the course of my examination, no matter has come to my attention [other than that statement disdosed on the attached page1 which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting recLYds in accordance with seclion 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulats'ons, and to prepare accounts which accord wtth the accounting records and comply with Regulation 8 of the 21JJ6 Acc{￿nts Regulat)ons have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understandin of the accounts to be reached. Date: Signed: Name: Relevant professional qualification(s) or body lif any): 30/1212025 Address: Unit 4 standhill Ind. Estate, Whitburn Road, Bathgate We3t Lothian EH48 2HR 'Please delete the words in the brackels rftw appty. If the I￿rdS do aFpty, set oth t1￿)Se matters wthich have come to your attents)n on the following p￿￿. APPENDIX 3 Disclosure section Only complete rf the examiner needs to highlight material problems. Give here brief details of any items that the examiner wishes to disclose